Tesoro (TSO) said late Monday it struck a deal to sell its Kapolei refinery and other assets in...


Tesoro (TSO) said late Monday it struck a deal to sell its Kapolei refinery and other assets in Hawaii to Par Petroleum (PARR.OB) for $300M-$350M. Par will pay TSO $75M, plus working capital of $225M-$275M, for the idled 94K bbl/day refinery; the deal includes the purchase of retail stores and associated logistics.
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